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The face value of a gilt. It represents the amount that will be repaid to the holder at maturity and is also used to calculate the dividend or coupon payment.

A measure of how much the prices of an asset or index vary over time.

A graphical representation of interest rates over time

A street in New York that became a figure of speech for the financial markets of the US.

The sum of a set of numbers added together and then divided by the total amount of numbers in that set.

An exchange-traded fund that is comprised of a set of stocks.

The quoted price of a gilt, which excludes accrued interest

A return calculated over the time period invested, that excludes extraneous elements, such as deposits to and withdrawals from the investment accounted.

Gilts where the dividends and principal repayments are fixed in nominal terms. This is as opposed to an index-linked gilt where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI).